BHA Chief Confident Stopovers Near 2 Million Before 2022

Monday, 16 April 2012 12:58
News Editor

The Bahamas Hotel Association's (BHA) president is "confident" this nation will be approaching the two million stopover visitor mark before 2022, believing a study on the industry's economic impact has underestimated the $2.6 billion Baha Mar project's post-2014 impact.

Coastal Awareness Committee Celebrates 10 Years

Monday, 16 April 2012 00:00
News Editor

NASSAU, BAHAMAS— The Bahamas National Coastal Awareness Committee, a group of stakeholders from the private and public sectors with an interest in promoting the sustainable development of The Bahamas, is celebrating ten years of creating awareness of the coastal environment. This year’s focus will be on encouraging the public to visit and appreciate our coast.

Stopover Visitors Projected At 1.88 Million By 2022

Friday, 13 April 2012 00:00
News Editor

The Bahamian tourism industry's 2012 GDP contribution growth was forecast to exceed the next decade's average by hitting 3.1 per cent, with stopover arrivals projected to increase by around 500,000 over the next 10 years ti hit 1.883 million.

Baha Mar Construction 1/3 Complete

Friday, 13 April 2012 00:00
News Editor

Construction work on Baha Mar's $2.6 billion Cable Beach redevelopment is "one-third complete", a senior executive said yesterday, after hitting a "significant milestone" with the installation of the last of 2,550 foundation pilings.

Bank of the Bahamas To Launch E-Commerce Initiative

The managing director of Bank of The Bahamas (BOB) revealed an Internet banking network for businesses is ahead of schedule and could roll out in the next month.

Paul McWeeney said BOB is working "heavily" with its credit card processing entity and is testing the system for business accounts. He told Guardian Business that the trouble-shooting process has gone faster than anticipated.